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Assuming two investments have equal lives, a low discount rate tends to favor A. the investment with large cash flow early. B. neither investment since

Assuming two investments have equal lives, a low discount rate tends to favor
  • A. the investment with large cash flow early.
  • B. neither investment since they have equal lives.
  • C. the investment with even cash flow.
  • D. the investment with large cash flow late.

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